A935 — Clarifies and declares as the existing law of the state of New York the provisions of rules relating to the lapse of a power of withdrawal over the income of a trust

A935 — Clarifies and declares as the existing law of the state of New York the provisions of rules relating to the lapse of a power of withdrawal over the income of a trust · Informed CitizenryThis bill amends the estates, powers and trusts law and the civil practice law and rules to clarify that an individual is not considered to have created a trust for their own use simply because a p…Open in Informed Citizenry